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Latest News In and Around Pune

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Latest News In and Around Pune

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    Pune developer booked for cheating 16 investors

    As per the developer’s sales pitch, investors were to pay for the plots and develop properties on themTNN | September 11, 2017, 13:30 IST

    PUNE: The Bund Garden policebooked a land developer and three of his employees on Saturday for cheating 16 investors. The developer and his aides have been accused of luring investors to put their money in a bungalow plot scheme that failed to come through. No arrests were reported till late in Sunday evening.

    As per the developer’s sales pitch, investors were to pay for the plots and develop properties on them. After that, they were to hand over the developed property to the land developer for extension on lease to third parties. Every investor was promised a decent rental income.

    However, even after the investors paid for the plots, the developer failed to hand over the same.

    Police sources said that over a period of three years, investors had paid Rs 63.40 lakh to the developer. One of the victims, Chaitral Shindikar (31), of Bibvewadi-Kondhwa road, lodged a police complaint against the developer on Saturday.

    Police have booked the land developer, who is a resident of Dhanori, and his three employees for duping the 16 persons to the tune of Rs 63.40 lakh. According to the complaint, the developer had released an advertisement claiming that his firm would be selling bungalow plots in Pune city and other parts of the district in December 2014.

    After discussing the terms and conditions, each of the investors paid Rs 1 lakh as the booking amount, and went on to make further payments to secure the possession of the plots. However, the suspects did not give possession of the plots to the investors despite accepting full payment. The investors claimed that many others have also been similarly duped.


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    • Re : Latest News In and Around Pune

      Pune Cantonment Board approves 18 proposals to renew leases

      These were part of the 150 odd proposals pending before the committee and have now been sent to the competent authority for a final approval.Sandip Dighe | TNN | September 11, 2017, 13:00 IST

      PUNE: The civil area committee of the Pune Cantonment Board (PCB) recently approved 18 proposals to renew lease of residential and commercial properties.

      These were part of the 150 odd proposals pending before the committee and have now been sent to the competent authority for a final approval.

      The committee, headed by PCB vice president, met after a year-and-a-half. Residential and commercial properties built on central government-owned land in the civilian areas of the cantonments, are generally extended on an 86-year lease that has to be renewed.

      D N Yadav, PCB's chief executive officer, said, “The board scrutinized all lease renewal proposals and found that 18 have completed the mandatory documentation process so they've been ahead for a final approval.“

      In most cases, PCB sources said lease holders do not have proper documents. “The British issued the original lease documents, which must have had a provision for an extension. The board will not consider those proposals that do not have an extension,“ a PCB official said.

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      • Re : Latest News In and Around Pune


        By Siddharth Gadkari, Pune Mirror | Updated: Sep 12, 2017, 02.30 AM IST

        Several experts believe that the allocated funds for renovation could have been more than the amount that is currently being proposed. REPRESENTATIONAL PHOTO

        PMC incorporates renovations in participatory budget after a decade; allocates Rs 1 crore for each of 4 suggested wards

        After a decade of continuous demands from people, the Pune Municipal Corporation (PMC) has decided to incorporate heritage renovation along with other development in the participatory budget.

        Ulka Kalaskar, PMC’s chief accountant, said, “On people’s demand, we have decided to introduce heritage renovation work in the participatory budget, where in people can suggest development work of up to Rs 5 lakh. The civic body has decided to dole out Rs 1 crore for each of the four wards suggested for renovation.’

        He added that the inclusion has been made in the next year’s budget and that they have now invited suggestions to introduce more renovation work. “As of now, we have received a suggestion from MV Mandhare to convert old documents (daftar) from Shivaji Maharaj’s era,” he said.

        Mandhare, who is one of the people pursuing matter to include heritage in the participatory budget, said, “After three years, corporation is convinced that there is a need to include heritage in participatory budget. I have suggested to preservation of Modi script to keep history alive to future generation.”

        City-based historian Mandar Lawate called this arrangement of using public funds a “good thought”. But, he feels the amount is very less for the amount of restoration to be done. “The corporation should have given Rs 5 crore for heritage sites development,” he said.

        He added that the funds and guidelines is one of the major criteria for development of heritage structures and sites. “The renovation of these structures involves a lot of things like keeping hero stones (memorial commemorating the honourable death of a hero in battle). These structures are missing in different parts of the cities. We can preserve it with help of funds. Also, the Modi script needs to be preserved so that we get to know the city’s history better. There are lot of daftars in this script,” Lawate said.

        Harshada Shinde, who handles the PMC heritage cell, said, “It augurs well with people to suggest heritage work. However, the corporation should have given more funds in the participatory budget to widen the horizons. Heritage work takes more time and money.”

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          ‘Affordable housing dynamics pushing sales’

          Satyanarayan Iyer| TNN | Sep 13, 2017, 00:08 IST Pune: While the real estate sector is witnessing a significant uptake, experts believe that a number of factors have contributed to it — affordable housing being the most important among them.

          Presently, a house priced below Rs50 lakh is considered affordable. However, the definition of affordable housing is subject to change with factors like carpet area and eligibility criteria set by the government.

          According to developers, fence sitters have decided to take the plunge because they see no immediate correction in prices. "The expectations around the prices coming down post-demonetisation and some extra budgetary support have not really come true and people have realized that. So they are taking the leap to invest in the sector," said Rohit Gera, managing director, Gera Developments.

          Also, low interest rates on home loans (between 8-9% for most banks) is garnering a positive response.

          Gera said people are trying to get the benefit of credit-linked subsidy scheme, while it lasts. The subsidy under the scheme can work out up to Rs2.67 lakh. Also, builders are giving across-the-table discounts in order to woo customers.

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          • Re : Latest News In and Around Pune


            Pune Mirror | Updated: Sep 13, 2017, 02.30 AM IST

            Babajaan Dargah is one of many waqf properties here
            Many of these have long grappled with encroachments

            While all three cantonment boards here — Pune, Khadki and Dehu Road — have long grappled with the issue of encroachments on the over 200 waqf properties they house, there may be some relief at hand. In a recent notification issued by the Directorate General of Defence Estates (DGDE), New Delhi, an order has been given to allow surveys of such properties.

            While a legal provision in the Waqf Act of 1995 and its 2013 Amendment allows surveys of waqf properties every 10 years, such initiatives had not been undertaken under the jurisdiction of the three cantonment boards or the Defence Estate Officers (DEOs) in the past 21 years. The reason cited for this inactivity has been the absence of instructions from defence authorities.

            Several mosques, dargahs and kabrastan (cemetery) lands that classify as waqf properties have long faced issues of ownership and encroachments all over India, due to the absence of proper guidelines.

            City-based advocate Saleem Shaikh had recently taken up the issue with director general of defence estates Jojneshwar Sharma, former defence minister Arun Jaitley, and the Central Waqf Council, among others. Responding to his letter, which elaborated on problems at such properties due to the lack of surveys conducted, the DGDE finally issued exhaustive guidelines on August 28 to tackle this matter.

            Now, orders have been issued to all principal directors of defence estates, the Central, Eastern, Southern, South-Western and Western Commands, all DEOs (Pune, Lucknow, Kolkata, Jammu, Jaipur and Chandigarh cantonments) and CEOs of all cantonments, asking for waqf property surveys.

            Shaikh told Mirror, “I have long dealt with waqf properties and found that many are swallowed up by developers in a nexus with trustees. When we approached defence and cantonment authorities to demarcate these sites, they were unable to do so in the face of no guidelines. So, I took up the matter with higher authorities and after several letters and follow-ups with case studies, I got a response.”

            He added, “The Pune, Khadki and Dehu Road cantonments have over 200 such properties stuck in litigation. Surveys will help restore their status and expose the reality of whether the land has been sold or encroached upon, as also help define ownership rights. The district authority, which has the right to conduct surveys, will be able to do so without any hassles if they have the co-operation of defence and cantonment board authorities.”

            Some waqf properties in cantonments here include Babajaan Dargah, Solapur Road Dargah, Mehta Road Dargah, Wanowrie Kabrastan, etc.

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            • Re : Latest News In and Around Pune

              Maharashtra govt to provide agricultural land to war widows

              Sandip Dighe| TNN | Sep 13, 2017, 17:14 IST

              PUNE: The state government has decided to provide agricultural land to womenwhose husbands have died in the line of duty while serving for the armed forces.
              A decision to this effect was taken last week at a meeting in Mumbai, which was chaired by the chief minister, Devendra Fadnavis.

              Major General Rajiv Edwards, General Officer Commanding of Uttar Maharashtra Sub-Area, Col Suhas Jatkar (Retd), director of Maharashtra Sainik Welfare Board (MSWB), principal secretary Pravin Pardeshi and senior revenue officials were present at this meeting.

              Talking to TOI over the phone on Monday, Pardeshi said, "We have decided to provide agricultural land to widows whose husbands have died in the line of duty. Priority shall be given to them (widows)." He added that there is a special provision for land allotment to ex-servicemen and war widows in the state."Depending on the case, the land alotted could be between 2 hectare and 2.5 hectare," Pardeshi added.

              In August, Southern Army Commander Lt Gen P M Hariz had a meeting with the chief minister, where he made a presentation on certain issues ranging from security to land and veteran support. "The army commander had requested the state government to increase the compensation amount to families of martyrs to Rs 30 lakh, along the lines of a few other states. The chief minister had responded positively and the final decision this will be taken soon," a senior official said.

              Col Jatkar added, "The decision to provide agricultural land is a good move. Though we had not submitted any such proposal, the CM himself took the decision. This decision will benefit as many as 10,000 war widows."

              The state, however, is yet to issue a government resolution (GR) in this regard. "Once, we get an official GR and instruc tions, we will decide how this can be implemented with the help of Zilla Sainik Welfare Offi cers," Jatkar added.

              Sources in the MSWB claimed that the financial condition of many war widows was very poor due to lack of income sources. They are mainly dependent on their pension amounts.

              "If they get agricultural land with adequate water supply, these widows can run provide for their families and educate their children," the sources said, ad ding that the move will help war widows lead a comfortable and respectable life.

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              • Re : Latest News In and Around Pune

                Property registrations up by 28% in five months of fiscal

                Nisha Nambiar| TNN | Sep 13, 2017, 16:49 IST (Representative image)

                PUNE: The Inspector General of Registration and Controller of Stamps (IGR) department has registered a 28% rise in property registrations for the first five months of the financial year as compared to the last year, an indication of buyers' faith in the realty market under RERA.

                The government is focussed on bringing about transparency and accountability in the sector. Market watchers said it is no longer an investment driven market but one for the end users.

                There were 2,01,764 property registrations in the state in the last financial year after the ready reckoner rates were announced. This year, the numbers increased to 2,58,051 registrations which will get better with the festive season, experts said.

                The department's officials told TOI there is an increase in the registrations for all kinds of properties post MahaRERA and GST. "The past five months have seen more documents and more generation of revenue collection too,'' they said.

                Market watchers like Ashutosh Limaye, head (research) of JLL attribute the rise to transparency in the realty sector now and the developers completing projects on time.

                "Earlier, projects were not completed and buyers were not ready to invest. RERA has boosted the completion of projects and confidence among buyers,'' Limaye said. Post-demonetisation, the secondary market was on the rise and builders went into distress sales which changed after RERA and before GST, he added.

                National director (research) Samantak Das from Knight Frank said the 28% growth in the number of registrations is substantial, but comprises all properties and land transactions.

                "It is not an apple-to-apple comparison as one cannot dismiss the fact that there were probably more properties avai lable in the market last year when compared to this year. However, the government's initiative to track benami transactions, demonetisation and MahaRERA brought buyers' confidence,'' Das said.

                Easy loans, confidence in investment due to RERA registration, GST reducing the tax burden and the central government incentive for low-income and middle-income groups have boosted confidence among buyers, Maharashtra CREDAI president Shantilal Kataria said.

                Market watchers said the festive season will boost property deals. " For the first time in 2-3 years an investment-friendly positive atmosphere has emerged which reflected in registrations,'' Kataria added. Developers are also offering deals during Dasara and Diwali Investor Sukanya Vyas said she was confident with registrations and the transparency in the RERA regime. "For the first time, I have the details of the developer on the website which will help me decide,'' she said.

                Credai national president Jaxay Shah is upbeat. "The high number of registrations of ongoing projects under MahaRERA will see a surge in the demand for real estate but also give homebuyers greater options for buying properties under the highly transparent act. It will be a catalyst for growth in the real estate sector, " he said.


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                  Farmers of 8 villages oppose ring road project

                  Siddharth Gaikwad| TNN | Updated: Sep 15, 2017, 00:09 IST Pimpri Chinchwad: Residents of eight villages in Mulshi taluka have opposed the Pune Metropolitan Regional Development Authority (PMRDA)'s plan to construct a ring road.

                  Villagers from Nere, Sangawade, Darumbre, Gahunje, Salumbre, Parandwadi, Godumbre and Dhamane have alleged that the project would affect around 1,000 hectares of land under sugarcane cultivation, rendering hundreds of villagers landless and homeless.

                  Janardan Paigude, founder president of Vande Mataram Shetkari Vikas Sanghatna, told TOI, "PMRDA will acquire land for the 110-metre wide ring road as well as for development of 500-metre land on its both sides. The land affected in Khed, Maval and Mulshi talukas is hilly and blessed with heavy rainfall, forests, wildlife sanctuaries, major and minor dams. The land here is fertile, suitable for growing rice and sugarcane, practice floriculture, dairy and poultry farming, develop nurseries and practice other agricultural activities."

                  Paigude said, "The state government implemented many projects like creating industrial areas, IT parks, affecting many villages. The government plans to implement more development projects in these areas, which will destroy the livelihood of the remaining farmers. If the urbanization and industrialization continues, it will lead to massive increase in population, crime, destruction of environment and other problems."

                  Villagers have suggested that the road pass through barren land instead.

                  "A letter has been sent to CM Devendra Fadnavis opposing the project. These three talukas must be excluded from PMRDA limits. Instead, villages in the eastern parts of the district, which have undeveloped talukas like Baramati, Daund, Indapur and eastern parts of Shirur, must be included. It will be easier to develop these areas as they receive less rainfall," he said.


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                  • Re : Latest News In and Around Pune

                    More areas to come under Smart Cities Mission

                    Prasad Kulkarni| TNN | Sep 14, 2017, 12:41 IST Representative image

                    PUNE: The Smart Cities Mission is set to expand in the city as new areas have been added under the `area development' section of the project, which includes Aundh, Baner and Balewadi.

                    Officials said the project area would be increased to nearly 2,500 acres in Aundh, Baner and Balewadi from the present 950 acres.

                    "The expansion is being done to ensure that uniformity of the project is maintained. Additional funds will be made available for the project," said mayor Mukta Tilak. She said more citizens from surrounding areas stand to benefit from the mission. The expansion has been made following the demands made by local residents and leaders.

                    The Pune Smart City Development Corporation Limited (PSDCL) board recently approved the expansion proposal, which stated that more citizens could avail of the benefits under the project. Officials from PSDCL said the current area of work is 950 acres and that funds to the tune of Rs 2,200 crore would be used to implement various projects.

                    Some board members, however, said the expansion plan is nothing but an exercise to gain political mileage."Even though more areas are set to be covered by the mission, residents of the new areas will not benefit as there is no increase in the funds," said Chetan Tupe, director of PSCDCL.

                    He said the expansion has been proposed to please the elected members of the BJP representing areas in and around Aundh, Baner and Balewadi. It is just a marketing gimmick.

                    Prime Minister Narendra Modi had launched the Centre's ambitious Smart Cities Mission in the city on June 25 last year. The Pune Municipal Corporation and the state government had then claimed that public participation was the key to the mission.

                    In January 2016, the Centre had announced the first list of 20 cities to be developed as smart cities. Bhubaneswar topped the list and Pune was second. On June 25 last year, it was announced in the presence of the Prime Minister that Pune would implement various projects under the mission with emphasis on transport, water , road and solar systems. Slum rehabilitation and steps to improve public transport were also on the cards.

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                      PCMC will appoint project consultants for 5-year term

                      TNN | Sep 15, 2017, 23:37 IST Pimpri Chinchwad: The civic body will appoint project management consultants for the civic projects for a five-year tenure.

                      The works include construction of flyovers, roads, bridges, transportation planning, railway over bridges, storm water drainages, subways, foot over bridges and sky walks. The consultants will carry out detailed engineering and geo-technical surveys, landscaping layout of all components of the projects, making use of national and international practices.

                      They will have to closely monitor all the projects which have to be completed within the stipulated time. The projects have been classified into various categories as per their cost, like up to Rs 5 crore, Rs 20 crore, Rs 50 crore and above Rs 50 crore, officials of the roads engineering department said.

                      For road works, bridges and flyovers, the consultants will have to carry out joint inspections with PCMC engineers to ascertain the feasibility of the projects. The work involves carrying out detailed site survey to get complete details of land, buildings, over-head wires, underground pipes and cables. For bridges and flyovers, geo-technical investigations will have to be carried out, along with at least seven days of traffic volume survey.


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